Bilfinger Berger Global Infrastructure SICAV SA Announces Result Of Equity Issue


Friday, 12 Jul 2013 04:40am EDT 

Bilfinger Berger Global Infrastructure SICAV SA announced that the results of the Placing, Open Offer and Offer for Subscription. The Issue, which has been increased from the target size of GBP70 million to GBP85 million, was substantially oversubscribed. In accordance with the terms and conditions of the Issue, all applications made pursuant to the Open Offer (other than New Shares applied for under the Excess Application Facility which have been scaled back) have been met in full and a scaling back exercise has been undertaken with respect to applications received pursuant to the Placing and Offer for Subscription. The Net Issue Proceeds are expected to be used by the Company for the acquisition of the Pipeline Assets, to repay any outstanding loans under the Facility and to finance the acquisition of Further Investments or for other working capital purposes. 

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128.5
1.75 +1.38%
21 Nov 2014